California Gazette

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Business

Understanding GDP and Its Role in Shaping Business Strategy

Understanding GDP and Its Role in Shaping Business Strategy

Gross Domestic Product (GDP) is a key economic indicator that helps gauge the overall economic health of a country. It reflects the total value of goods and services produced within a nation during a set period. While GDP is often associated with macroeconomic policy or government decision-making, businesses, large and small, also rely on this data to make informed strategic decisions. In many ways, GDP acts as a barometer for businesses, providing insights into the

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